All the following are assumptions of the basic EOQ model except:
A)annual demand known with certainty
B)ordering costs fluctuate
C)demand is uniform throughout the year
D)orders are filled instantaneously

Question

Quizplus · Accepted Answer

The basic EOQ model assumes that annual demand is known with certainty, demand is uniform throughout the year, and orders are filled instantaneously. It assumes that ordering costs and holding costs are constant and do not fluctuate.

All the Following Are Assumptions of the Basic EOQ Model